Pensonic Remains Upbeat About Future Growth Amid Strong Market Prospects and Strategic Initiatives

07/11/2024 10:03 AM

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia-listed Pensonic Holdings Berhad (“Pensonic” or “the Company”), a leading Malaysian manufacturer and distributor of household electrical appliances, is optimistic about its future growth prospects, fuelled by its strategic initiatives and favourable market conditions. The Company is confident that its expansion into e-commerce, enhancement of manufacturing capabilities, and focus on developing energy-efficient products will support substantial growth both locally and internationally.

Pensonic’s Group CEO, Dato’ Dixon Chew Chuon Jin, shared that the new management’s focus on operational efficiency has already led to measurable improvements. “We have made significant strides in managing stock levels, reducing loan ratios, and optimising cash flow,” Dato’ Dixon said. “These efforts have already yielded positive results, and we are confident that our sales will continue to grow as we strengthen our market position.”

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